Scope of the Study
Chipped beef is the pressed, salted and dried beef which has been sliced into thin pieces. Some of the producers smoke the dried beef for more flavor. The product also consists of small, thin, flexible leaves of partially dried beef, that are generally sold and compressed together in jars or flat in plastic packets. The processed meat producer Hormel has once described it as an air-dried product that is similar to bresaola, but not similar in taste.
The market study is being classified and major geographies with country level break-up.
Armour (United States), Knauss (United States), Hormel (United States), People's Choice Beef Jerky (United States), Maruchan (United States), Aloha Edibles (United States), Jack Links (United States), Pohina Products LLC (United States), Mission Meats (Canada) and Bulk Beef Jerky (United States) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Nestle (Switzerland) and BandG Foods (United States).
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global Chipped Beef market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Chipped Beef market by Type, Application and Region.
On the basis of geography, the market of Chipped Beef has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Consumption of Beef in Some Regions such as Americas
- Beef Being Complete Source of Protein is Fuelling the Market
- Increasing Popularity of Beef
- Government Restrictions on Beef in Some Regions
- Growing Retail is Leading to Easy Availability of Beef
- Over Consumption may Lead to Health Issues
Market Leaders and their expansionary development strategies
On February 2020, Hormel Foods Corporation which is a leading global branded food company, has announced that it has reached an agreement to acquire Texas-based Sadlerís Smokehouse. This acquisition provides another successful brand to expand into the retail and deli channels.
Key Target AudienceManufacturers, Raw material suppliers, Government associations, Research organisations and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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